entry into the reinforced concrete market of St. Petersburg: acquisition of OJSC Stroydetal which included reinforced concrete factories as well as joinery and metallic constructions factories;

entry into the real estate market of St. Petersburg: foundation of OJSC Construction Corporation Renaissance of St. Petersburg.

1997

entry into the brick market of St. Petersburg: acquisition of OJSC LENSTROYKERAMIKA – a ceramic bricks producer (later the company and its clay deposit became a production subsidiary of OJSC Pobeda LSR).

entry into the market of sand of the North-West region: acquisition of OJSC Rudas – the largest sand supplier in the region;

1999

acquisition of OJSC Lenstroyrekonstruktsiya (St. Petersburg) – a Soviet real estate developer in the city centre;

entry into the market of panel housing construction of St. Petersburg and the Leningrad region: acquisition of OJSC Gatchinsky DSK – the largest prefabricated concrete panel factory in the North-West region;

entry into the market of mass market and business class real estate development in St. Petersburg: foundation of OOO Gatchinky DSK which was later renamed to OOO CityHouseBuilding Company (OOO GDSK);

foundation of CJSC Mosstroyrekonstruktsiya – real estate developer and the first subsidiary in Moscow.

2002

entry into the crushed granite market of the North-West region: acquisition of OJSC Granit-Kuznechnoye – the largest crushed granite producer in the region;

foundation of OOO Baltstroykomplekt – a wholesale supplier of building materials for construction companies of St. Petersburg and the Leningrad region;

entry into the aerated concrete market of Ukraine: acquisition of OJSC Obukhiv Porous Concrete Plant – the largest aerated concrete producer in the Kiev region; put into operation of the new aerated concrete plant in Berezan of the Kiev region;

As of April 2011, LSR Group included Business Units for production and transportation of building materials, extraction and processing of aggregates, real estate development and construction. The company concentrates its business in the three key regions: St. Petersburg and the Leningrad region, Moscow and the Moscow region, Yekaterinburg and the Urals.

Construction of the new brick plant in Nikolskoye, the Leninngrad region with the annual production capacity of 220 million items. The total amount of investment into the project is around RUB 10.2 million (including VAT).